Real Estate Law

What Are Closing Costs in a Real Estate Transaction in Ontario?

What Are Closing Costs in a Real Estate Transaction in Ontario?

Real Estate Law
Buying a home is not just about saving for a down payment. Many buyers focus on the purchase price, only to be blindsided by additional fees they did not expect. Closing costs…

ILA or ILR: Understanding Independent Legal Advice and Independent Legal Representation

Real Estate Law
Imagine signing a document that could change the course of your financial future—without fully understanding its implications. What if you later discovered that you had unknowingly agreed to terms that worked against…
Guide for First time Homebuyers to building the right team for a Successful Real Estate Purchase in Ontario

Guide for First time Homebuyers to building the right team for a Successful Real Estate Purchase in Ontario

Real Estate Law
Purchasing a home in Ontario can be an exciting yet challenging process, especially for first-time buyers. Building a reliable team of professionals can make a real difference, helping you navigate legal, financial,…
The Final Report in Real Estate Transactions

The Final Report in Real Estate Transactions

Real Estate Law
At MBLAW Professional Corporation, we pride ourselves on offering comprehensive legal services for real estate transactions in Ontario. One of the most important documents you will receive at the end of your…
Exploring Co-Ownership: Tips from MBLAW's Mariya Berenbaum

Exploring Co-Ownership: Tips from MBLAW’s Mariya Berenbaum

In today’s real estate market, the cost of buying a home is often beyond reach for many individuals. As a result, co-ownership has emerged as a practical alternative for potential homeowners. However,…

Benefits and Challenges of Co-Borrowing to Finance Real Estate Purchases in Ontario

Real Estate Law
Todays’ Ontario Real Estate market may be described as inaccessible with its high property prices and even higher mortgage interest rates.  Many people are turning to inter-generational living situations or may require…

Conditional Offers in Ontario Real Estate Transactions

Real Estate Law
When deciding to purchase a property in Ontario, the buyer or buyers’ real estate agent must put together an offer to the seller. The offer can be firm, meaning with no conditions…
Pre- Construction Condos in Ontario: Legal Considerations and Potential Risks

Pre- Construction Condos in Ontario: Legal Considerations and Potential Risks

Real Estate Law
Buying a pre-construction condominium in Ontario has its risks and benefits. First, the buyer must be aware that the project that they are purchasing may not be built at all. The builder,…
Title Searching and Conveying Clean Title

Title Searching and Conveying Clean Title

Real Estate Law
A purchaser has a right under the Agreement of Purchase and Sale (“APS”) to submit requisitions, meaning making enquiries of vendor to remedy “issues” on title. Requisitions may include matters of title…
Mortgage Brokers vs. Banks in Ontario: Comparing Financing Options

Mortgage Brokers vs. Banks in Ontario: Comparing Financing Options

Real Estate Law
Most of us will need a mortgage when purchasing a property in Ontario. You must have a down payment from your savings and then borrow the difference from a lending institution to…
“As Is” Clause in the Agreement of Purchase and Sale

“As Is” Clause in the Agreement of Purchase and Sale – Comprehensive Analysis

Real Estate Law
The clause “as is” in a real estate transaction refers to a disclaimer to the purchaser that the seller is not providing any warranties or guarantees with respect to the condition of…
Legal Issues for Real Estate Agents in Ontario: A Guide for Professionals

Legal Issues for Real Estate Agents in Ontario: A Guide for Professionals

Real Estate Law
Real estate agents are entrusted with helping to find a perfect home or selling a home for top dollar in all types of market conditions.  They are also responsible for putting together…